Sollensys Corp. financial data

Industry
Services-Computer Processing & Data Preparation
Location
1470 Treeland Blvd Se, Palm Bay, FL
State of incorporation
NV
Fiscal year end
December 31
Former names
Health Directory Inc. (to 8/13/2012)
Latest financial report
10-K - Q4 2022 - Apr 17, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 29.8 % -12.4%
Quick Ratio 1.21 % -78.8%
Debt-to-equity 285 %
Return On Equity -781 % -106%
Return On Assets -203 % -15.4%
Operating Margin -1.35K % +44.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 107M shares +5.59%
Common Stock, Shares, Outstanding 107M shares +5.76%
Entity Public Float 138M USD -79.7%
Common Stock, Value, Issued 107K USD +5.76%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 344K USD +90.2%
Cost of Revenue 858K USD +153%
General and Administrative Expense 4.15M USD -1.97%
Operating Income (Loss) -4.66M USD -6.19%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.36M USD -18.8%
Net Income (Loss) Attributable to Parent -16.8M USD -271%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 799K USD +36.2%
Accounts Receivable, after Allowance for Credit Loss, Current 287K USD +16609%
Inventory, Net 12K USD -84.6%
Assets, Current 1.14M USD +55.6%
Property, Plant and Equipment, Net 196K USD -93.3%
Operating Lease, Right-of-Use Asset 1.63M USD +228%
Goodwill 11.1M USD
Assets 3.28M USD -19.7%
Accounts Payable, Current 254K USD +312%
Accrued Liabilities, Current 242K USD +127%
Liabilities, Current 3.44M USD +7.39%
Operating Lease, Liability, Noncurrent 1.36M USD
Liabilities 5.76M USD +67.9%
Retained Earnings (Accumulated Deficit) -24.8M USD -211%
Stockholders' Equity Attributable to Parent -2.47M USD -474%
Liabilities and Equity 3.28M USD -19.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.27M USD -479%
Net Cash Provided by (Used in) Financing Activities 709K USD +536%
Net Cash Provided by (Used in) Investing Activities -16.1K USD
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 107M shares +5.76%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 799K USD +34.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 45.9K USD
Deferred Tax Assets, Valuation Allowance 2.29M USD +85.6%
Operating Lease, Liability 1.72M USD +219%
Property, Plant and Equipment, Gross 249K USD -91.5%
Operating Lease, Liability, Current 362K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 490K USD
Deferred Tax Assets, Operating Loss Carryforwards 2.29M USD +86.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 22.2M USD +160%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 474K USD +202%
Amortization of Intangible Assets 16.7K USD
Operating Leases, Future Minimum Payments Due, Next Twelve Months 541K USD +215%
Operating Leases, Future Minimum Payments, Due in Three Years 489K USD +202%
Operating Leases, Future Minimum Payments Due 2.21M USD +217%
Interest Expense 500K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%